Groww Asset Management, trustee settle case with Sebi; pay Rs 9 lakh
Tech View: Nifty bulls getting tired at peaks. Here’s how to trade on Wednesday
Nifty ended Tuesday’s session with a small loss of 18 points to form a small red candle on the daily chart which indicated that bulls are getting tired at peaks.
Idea of Kotak as a party to Hindenburg’s Adani shorting strange and almost unbelievable: Shriram Subramanian
Shriram Subramanian gives his opinion on the saga involving Kotak Mahindra Bank, Hindenburg Research, and Sebi deepens with the emergence of a show cause notice and the potential for parallel investigations. Details reveal suspected violations, offshore fund structures, and ongoing Adani investigations, raising questions about the alleged role e of Kotak in the controversy.
Budget 2024: Tariffs, duties & nuisance tax – Here’s what electronics industry wants from FM Nirmala Sitharaman
Budget 2024 Expectations: The electronics industry wants Finance Minister Nirmala Sitharaman to simplify tariff lines and streamline duties for sub-assemblies and input parts in the upcoming budget. They specifically call for reducing the current seven tariff slabs to three and eliminating nuisance tariffs of 2.5% on certain parts.
Tough to sustain GDP growth above 7.5%; time-wise correction in market likely: Neelkanth Mishra
As mutual funds are sitting with Rs 1 lakh crore of cash, whenever there is a 4-5% drop from the peak, there is a spate of buying. So equities as an asset class are not seeing sharp drawdowns and in the short term make it safer to invest in and attract more funds. That is […]
Hindenburg claims it hardly made money by shorting Adani stocks & bonds
Hindenburg admits revenue from Adani shorts, may barely break even. Responds to Sebi’s show cause notice, highlights fraud risks, and calls out regulators for neglecting investor protection.
Kotak Bank shares fall as its name crops up in Adani-Hindenburg saga
Hindenburg Research said Kotak Mahindra Bank setup an offshore fund structure to short Adani stocks, causing Kotak’s shares to drop by up to 2% to a low of Rs 1,768 on the BSE. The investment firm also targeted Uday Kotak, the founder of the bank, who personally chaired Sebi’s 2017 Committee on Corporate Governance.
Nifty can hit 25,000 in medium-term; just stick to quality names: Gautam Shah
And I do believe from a near term perspective, Reliance is headed towards 3,300, 3,350 and if you are taking a slightly medium-term view, 3,600 is intact.
Divine Power Energy shares list with 287% premium on NSE SME platform
Divine Power Energy’s NSE SME IPO debut highlighted the critical role of winding wires in voltage regulation, converting electric to magnetic energy with fiberglass insulation for enhanced efficiency in power distribution.
ETMarkets Smart Talk: FII ownership at 16% is probably the lowest level of ownership, but trend is changing: Ajit Banerjee
The market participants are convinced that the macro fundamentals and the fiscal condition of the country is very strong and India is poised to grow as the fastest-growing economy of the world for the next few years.